Alternative Energy : Feasibility Studies

One of the first, and most important documents needed to begin work on an industrial boiler or energy system is a feasibility study. This thoroughly research document is invaluable during the discovery process.

A feasibility study will allow you to:

Present a comprehensive energy strategy

Configure the energy plant

Estimate the capital cost along with future project economics

Use a negotiating tool for future electric utility negotiations.

A feasibility study consists of the following important discovery processes:

Situation Analysis

Facilities Audit

Project Description

Project Economics

For example, a company was investigating a biomass-fired electric cogeneration plant as an addition to a local facility. With recent price increases in purchased electricity coupled with exploding fuel prices, a complete review of the facilities energy strategy is warranted.

This company required assistance in analyzing the electric cogeneration potential as well as defining a project. Thermal Systems offered these services including project feasibility and technical analysis resulting in an "actionable document."

Contact us to learn more about engineering feasibility studies and how Thermal Systems, Inc. can assist you with developing an actionable energy strategy for your site.